Contact Us

Personal Loan

Personal Loan

Eligible Salaried Individual
Age 21 Years to 57 Years
Establishment Govt. Sector/ Corporate/ Registered Company
Purpose Personal needs or for Family Welfare
Maximum Loan Ceiling 20 times of gross monthly salary or Rs. 5-00 Lac Whichever is less restriction subject to maximum Deduction should not exceed 50% of gross salary.
Period of Loan Maximum 60 Month, For Bank Staff 84 month
Repayment Either from salary deduction, through post dated cheque Or Instalment repayment in cash

(i)    Irrevocable letter of authority issued by employer & the consent of the borrower.

(ii)   Latest salary certificate

(iii) Two personal securities as      expectable by Bank.

(iv) Post dated cheques